US News

Black Mountain Resources (AIM:BMZ) the silver focused development company with interests in the US, has said that it has secured A$3 million strategic long term debt financing with Alcyone Resources Limited (ASX:AYN) which will be utilised towards funding the development of the New Departure and Conjecture Silver Projects. Company chairman Peter Landau said, “We are […]

The U.S. Department of the Treasury thas taken action against four senior members of the Yamaguchi-gumi, the largest and most prominent Japanese Yakuza syndicate. Tadashi Irie, Hirofumi Hashimoto, Toshio Masaki, and Shoroku Ishida were designated pursuant to Executive Order (E.O.) 13581, which targets significant transnational criminal organizations (TCOs) and their supporters. These efforts...

The U.S. Department of Treasury has imposed sanctions on two al-Qa’ida supporters based in Qatar and Yemen. Abd al-Rahman bin ‘Umayr al-Nu’aymi (Nu’aymi) and `Abd al-Wahhab Muhammad `Abd al-Rahman al-Humayqani (Humayqani) were named as Specially Designated Global Terrorists (SDGTs) pursuant to Executive Order (E.O.) 13224. Nu’aymi was designated for providing...

The Financial Industry Regulatory Authority (FINRA) just put a wet blanket on the Barclays Capital (LSE:BARC) Yule Log.  At about noon EST, FINRA levied a $3.75 million fine on the financial firm for its failure to properly maintain “electronic records, emails and instant messages.” Barclays is alleged to have violated SEC laws as well as […]

The London Exchange has already closed and the traders are making their way over the river and through the streets to Grandmother’s House.  (Grandmother’s House is a small pub near Piccadilly Circus.)  Soon they will be on their way home to ensure that the stockings are hung by the chimney because it’s already obvious that […]

The questions are the same every year at this time.  In homes all over the world, children ask, “Is there really a Santa?”  In stock markets all over the world, investors ask, “Is there really a Santa Rally?”  I think the first question is legitimate, and it restores my faith in humanity.  The second question, […]

The higher you raise your flag, the more people will shoot at it.  Mark Zuckerberg, Facebook (NASDAQ:FB) founder and CEO, has come to understand that there is a lot of difference between an on-campus, social media creation and the the megalith that Facebook has become.  Founded just ten years ago in a college dorm room, […]

Earlier this morning British pharmaceutical giant GlaxoSmithKline (LSE:GSK) announced a complete revamping of it incentive pay plans for its sales staff and of incentives paid to doctors for promoting its products.  For whatever reason, investors seems to have panicked on the London Exchange.  As I am writing, it will be only a matter of minutes […]

North American Petroleum (ISDX:NAPP), a company focussed on developing its interests in proven US onshore oil and gas formations, is pleased to announce it has acquired a 30% working interest in the Mathis Unit which covers 960 gross acres in Osage County, Oklahoma and is adjacent to two horizontal wells currently producing from the Mississippi […]

Seeing Machines (LSE:SEE) made a mark today with a 16.7% increase in its share price. Every so often we need to take time to look at some of the smaller companies on the London exchange like Seeing Machines.  Afterall, these are the ones where a lot of money can be made once the company reaches a […]